TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX:CLS) (NYSE:CLS), a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, is pleased to announce the appointment of Kulvinder (Kelly) Ahuja to its Board of Directors effective January 29, 2024. "I'm pleased to welcome Kelly to the Board of Directors of Celestica," said Mike Wilson, Chair, Celestica's Board of Directors. "Kelly brings extensive industry knowledge and leadership acumen that will be va ...

Financial Performance - Q4 2023 revenue reached $2.141 billion[43], a $98 million increase year-over-year[43] - Non-IFRS operating margin was 6.0%[36,43], up 70 bps year-over-year[36] - Non-IFRS adjusted EPS was $0.76[43,52], up 20 cents year-over-year[52] - Non-IFRS adjusted free cash flow was $84 million[61] - IFRS cash provided by operations was $139 million[61] Segment Performance - ATS segment revenue was $802.9 million, representing 38% of total revenue[76,83] - CCS segment revenue was $1.3376 billion, representing 62% of total revenue[76,83] - ATS segment income was $37.5 million with a margin of 4.7%[77] - CCS segment income was $90.2 million with a margin of 6.7%[77] Financial Position - Cash and cash equivalents were $370 million[89] - Term loans amounted to $609 million[63] - Gross debt to non-IFRS TTM adjusted EBITDA ratio was 1.1x[64] Outlook - Q1 2024 revenue is expected to be between $2.025 billion and $2.175 billion[68] - Q1 2024 non-IFRS adjusted EPS is projected to be between $0.67 and $0.77[91] - 2024 revenue is expected to be $8.5 billion or more[72]

Celestica Inc. (NYSE:CLS) Q4 2023 Earnings Conference Call January 30, 2024 8:00 AM ET Company Participants Craig Oberg - VP, IR & Corporate Development Rob Mionis - President & CEO Mandeep Chawla - CFO Conference Call Participants Robert Young - Canaccord Maxim Matushansky - RBC Capital Markets Thanos Moschopoulos - BMO Daniel Chan - TD Securities Matt Sheerin - Stifel Todd Coupland - CIBC Operator Good day, ladies and gentlemen, and welcome to Celestica Q4 2023 Earnings Conference Call. At this time, all ...

TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. ("Celestica" or the "Corporation") ((NYSE, TSX:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced that the Annual and Special Meeting of its Shareholders (the "Meeting") will be held on Thursday, April 25, 2024 at 9:30 a.m. EDT in a virtual format. Record Date Celestica also announced that it has set Friday, March 8, 2024 as the record date for determining s ...

Celestica (CLS) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.76%. A quarter ago, it was expected that this electronics manufacturing services company would post earnings of $0.61 per share when it actually produced earnings of $0.65, delivering a surprise of 6.56%.Over the last ...

Q4 2023 non-IFRS adjusted EPS* above high end of guidance rangeQ4 2023 non-IFRS operating margin* reaches 6.0% (All amounts in U.S. dollars. Per share information based on dilutedshares outstanding unless otherwise noted.) TORONTO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX:CLS) (NYSE:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended December 31, 2023 (Q4 2023)† ...

Exhibit 99.1 FOR IMMEDIATE RELEASE January 29, 2024 (All amounts in U.S. dollars. Per share information based on diluted shares outstanding unless otherwise noted.) Q4 2023 non-IFRS adjusted EPS* above high end of guidance range Q4 2023 non-IFRS operating margin* reaches 6.0% CELESTICA ANNOUNCES FOURTH QUARTER 2023 FINANCIAL RESULTS TORONTO, Canada - Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companie ...

Celestica, Inc. (CLS) is set to report fourth-quarter 2023 results on Jan 29, after the closing bell. In the last reported quarter, the company beat the Zacks Consensus Estimate of 61 cents and delivered a trailing four-quarter earnings surprise of 7.77%, on average.The company is expected to record a top-line expansion year over year, backed by healthy demand for its manufacturing technology and service solutions in the computer and communication sectors. Management’s focus on product development in accord ...

TORONTO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. ((NYSE, TSX:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, has been named one of Canada's Top 100 Employers for Young People for 2024 by Mediacorp Canada Inc., organizers of the annual Canada's Top 100 Employers project. "We are honoured to be named among Canada's Top 100 Employers for Young People in 2024," said Rob Mionis, President and Chief Executive Officer, Celest ...

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